Hi yes do you know what are RFQ and AGG and the difference between them please as I still haven't got a clue on these
Can slippage be set low on UniSwap or Pancakeswap because they both have high liquidity and volume hence lower slippage% can be set? I am afraid of setting the slippage to Auto on Uniswap or Pancakeswap because of the Sandwich Hack shown above. Please advise.
For failed tx do funds get immediately returned back to wallet?
I will provide you with this [
article] so you can get full details about RFQ and also this [
article] to learn about AGG.
To answer your other questions, yes, you can set low slippage on UniSwap or Pancakswap for highly liquidity tokens. You can set a low slippage, such as ً0.1% to 0.5%, depending on the token's liquidity.
You're right to avoid the Auto option, as it can expose you to a sandwich attack. You can manually set the appropriate slippage and not worry if the transaction fails. The funds will be returned to your wallet, but you will lose the transaction fee for the failed attempt.
Hi the article link you provided explains RFQ but doesn't mention anything on AGG. Do you have a link for AGG?
To revoke any contracts, use revoke.cash. It's a nifty tool, and i use it regularily.
Especially if you used to put unlimited allowance, revoke it immediately
Is Revoke.Cash open source? I asked ChatGPT Ai and Ai says to prevent risks use Open Source tools with wallets.
Okay which is cheaper and more safer, using Metamask own Swap feature in its MetaMask wallet or connect MetaMask to Uniswap for the swap?
So the swap in this is Decentralized too and requires Eth for gas fees?
What percentage % should I set my slippage and if slippage happens to because I set it too low then what happens? I just lose Eth gas fees and get my funds back from the failed transaction?
Without asking which one is cheaper, you can explore the process and know which one has a low gas fee before you go ahead to confirm the transaction. When you want to perform any of those transactions, the gas fee is always indicated there for you to see it before agreeing to confirm. Simply explore both options and see which has the lowest fee.
There's no transaction of such kind that doesn't attract gas fee, so yes, you are required to pay gas fee for the swap.
Use the slippage that is given to you by the system.
To revoke any contracts, use revoke.cash. It's a nifty tool, and i use it regularily.
Especially if you used to put unlimited allowance, revoke it immediately
It's still the same website that was earlier mentioned by @OmegaStarScream.
Does exploring on De-Fi sites mean opening up my wallet and connecting my wallet to these sites thus increasing risks to my wallet? You mean use the default system slippage of 'Auto'?